Plan Group Financial LLC Takes $730,000 Position in OGE Energy Corporation $OGE

Posted by George Bondi on Aug 15th, 2026

Plan Group Financial LLC purchased a new position in shares of OGE Energy Corporation (NYSE:OGE – Free Report) in the second quarter, HoldingsChannel.com reports. The fund purchased 15,000 shares of the utilities provider’s stock, valued at approximately $730,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in OGE Energy in the fourth quarter valued at approximately $119,028,000. Morgan Stanley lifted its stake in OGE Energy by 103.2% during the fourth quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock worth $197,625,000 after purchasing an additional 2,350,574 shares during the last quarter. Cohen & Steers Inc. bought a new stake in OGE Energy during the fourth quarter worth $68,460,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in OGE Energy by 85.8% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,215,572 shares of the utilities provider’s stock worth $94,605,000 after purchasing an additional 1,022,863 shares during the last quarter. Finally, Life Cycle Investment Partners Ltd acquired a new stake in shares of OGE Energy in the 4th quarter valued at $33,929,000. Institutional investors own 71.84% of the company’s stock.

Insider Activity at OGE Energy

In other news, insider William H. Sultemeier sold 7,345 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total value of $352,339.65. Following the completion of the transaction, the insider directly owned 74,497 shares in the company, valued at approximately $3,573,621.09. This represents a 8.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.57% of the company’s stock.

OGE Energy Price Performance

Shares of NYSE:OGE opened at $47.46 on Friday. The company has a market cap of $9.80 billion, a price-to-earnings ratio of 20.91, a PEG ratio of 3.48 and a beta of 0.53. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.77 and a quick ratio of 0.47. The firm has a 50 day simple moving average of $48.14 and a 200 day simple moving average of $47.55. OGE Energy Corporation has a one year low of $41.69 and a one year high of $50.59.

OGE Energy (NYSE:OGE – Get Free Report) last issued its earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. OGE Energy had a net margin of 14.44% and a return on equity of 9.48%. The company’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the business posted $0.53 earnings per share. Research analysts predict that OGE Energy Corporation will post 2.42 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

OGE has been the topic of several recent analyst reports. Wells Fargo & Company lifted their price target on OGE Energy from $47.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Wall Street Zen upgraded OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings restated a “buy (b)” rating on shares of OGE Energy in a research report on Friday, July 31st. Barclays raised their price objective on OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Finally, LADENBURG THALM/SH SH lifted their target price on OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $49.80.

Check Out Our Latest Report on OGE Energy

OGE Energy Profile

(Free Report)

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.